IRT beat EPS expectations by 31.40%
Jul 31, 2024, 11:37 PM
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What does IRT do
Independence Realty Trust, Inc., a real estate investment trust headquartered in Philadelphia, owns and manages over 120 multifamily properties with more than 35,427 units across key non-gateway U.S. markets. The company, which went public in 2013, primarily operates through its subsidiary, Independence Realty Operating Partnership, LP.
Independence Realty Trust (IRT) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Independence Realty Trust's actual EPS was $0.05, beating the estimate of $0.07 per share, resulting in a 31.40% surprise.
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